What if The Fed Just Gave Us Free Money? w. Prof. Lawrence Marsh
Today, the Fed spends money buying bonds and setting interest rates to stimulate the economy. Econ Prof. Lawrence Marsh shares a radically different way of using the Fed: putting money directly into Americans' bank accounts. He argues the Fed needs to move from supply-side to demand-side stimulation in order to not only ease inequality but also lead to a much more efficient economy.
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